HOW TO APPLY FOR GLOAN – Here is a step-by-step guide in applying for the cash loan offer of GCash for its qualified users.
Nowadays, more and more entities have made cash loan offers more accessible for the public. One of these is GCash, an e-wallet platform. Millions of Filipinos are GCash users and have long benefit from the platform even before it designed the GLoan, a cash loan offer.
How To Apply for GCash Cash Loan Offer “GLoan”
Guide on How To Apply for GCash Cash Loan Offer ‘GLoan’
HOW TO APPLY FOR GCASH CASH LOAN – You can check the steps here in applying for the GLoan offer of the e-wallet platform.
In the Philippines, one of the most popular and trusted e-wallet platforms is GCash. It is owned by Globe Fintech Innovations, Inc. and opeated by G-Xchange, Inc. which is its subsidiary.
GCash offers several purposes — money transfers, cash in and cash out services, purchase of load, online payments, etc. Aside from those offers, the e-wallet platform also now offers a cash loan for users with good credit score.
For GCash users with a good credit score, there might be a ‘GLoan’ offer. It is a multi-purpose cash loan that was crafted to help the users in meeting their life goals or addressing their short term financial needs.
There is an easy process on how to apply for a GCash cash loan offer. Here are the steps to ensure a smooth process:
Step 1 – Access your GCash account. Tap “Borrow” on the main page and then tap “GLoan”.
Step 2 – View the loan limit set by the e-wallet platform for you as well as the other loan details. The maximum loanable amount may vary.
Step 3 – Pick the amount that you want to borrow from GCash. State your loan purposes and pick your first due date or your first monthly amortization.
Step 4 – Review the disbursement amount, monthly dues, and your first monthly due. Make sure to take note of the payment details to avoid missing to pay and incurring penalties.
Step 5 – Verify your loan application with the OTP or the One-Time Password. The said OTP will be sent to the mobile number you have registered.
Step 6 – For approved loan applications, the loan proceeds will be instantly disbursed to your GCash wallet.
There are several ways on how you can cash out your GLoan proceeds. It is best to know the different options as well as the fees that may be charged based on the mode of withdrawal chosen.